Home Infusion Therapy Market, By Product Type (Infusion Pumps, Intravenous Set , IV Cannulas , and Needleless Connectors), By Application (Chemotherapy, Diabetes, Hydration Therapy, Pain Management, Post-transplant Therapies, Parenteral Nutrition Therapy, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI4276

Pages :193

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges: Risk of infections associated with infusion therapy

The risk of infections associated with infusion therapy continues to be a major concern for patients opting for home infusion treatment. Infusion-related bloodstream infections can lead to serious health complications and sometimes even result in mortality. While hospitals have robust protocols and sterile environments to minimize such risks, maintaining similar hygiene and safety standards at home can be challenging. Many patients and their families fear that common home settings may not fully limit the risk of contamination in IV lines, catheters or infusion pumps. This makes them hesitant in accepting long-term infusion regimens involving frequent visits by nursing staff at home. The ongoing COVID-19 pandemic has further heightened infection-related anxieties among vulnerable patients and caregivers. As per the data shared by the US Centers for Disease Control and Prevention in May 2022, immunocompromised individuals face 3-5 times higher risk of severe COVID-19 illness and outcomes. This covers many patients requiring long-term infusion therapies for chronic conditions like cancer, multiple sclerosis, etc.

Market Opportunities: Development of novel infusion systems and services

The development of novel infusion systems and services has the potential to unlock great opportunities in the home infusion therapy market. Traditionally, infusion therapy involved patients having to travel regularly to hospitals or clinics to receive their treatment. This placed stress on patients and their families as well as placing a burden on healthcare systems. However, new technologies now allow for customized infusion regimens to be administered at home with minimal clinician oversight. Advanced infusion devices come with sophisticated software that allows healthcare providers to remotely monitor patients in real-time. Dosages can be programmed and adjusted as needed based on the individual's condition and response to treatment. Additionally, home health aides can be trained on the proper use of equipment to ensure treatment is delivered safely and effectively. This shift to home-based care enables greater convenience for patients while freeing up resources at medical facilities. It also empowers individuals to receive lifesaving therapies while maintaining their work, family, and social responsibilities.